The gold rate in the newspaper is lower than HDFC Bank’s gold rate. Why are the gold bar sold by HDFC bank more expensive that those sold in the market

The gold rate in the newspaper is lower than HDFC Bank’s gold rate. Why are the gold bar sold by HDFC bank more expensive that those sold in the market

The price of Mudra Pure Gold Bars is line with the gold price of 99.99% pure bars in the International market. The price also includes the supplier’s premium, as the product is imported from Switzerland, and the Assay Certification Cost that certifies the purity of Gold as per International Standards. This price also includes customs duty, insurance, holding cost and VAT.

The gold rate in the newspaper is lower than HDFC Bank’s gold rate. Why are the gold bar sold by HDFC bank more expensive that those sold in the market

The price of Mudra Pure Gold Bars is line with the gold price of 99.99% pure bars in the International market. The price also includes the supplier’s premium, as the product is imported from Switzerland, and the Assay Certification Cost that certifies the purity of Gold as per International Standards. This price also includes customs duty, insurance, holding cost and VAT.